56 Gilba Road, Koonawarra NSW 2530

Set on a generous parcel of land just moments from the tranquil shores of Lake Illawarra, this spacious 4-bedroom, 2-bathroom home with a double carport is brimming with potential. Whether you're looking to renovate, rebuild (STCA), or invest for the future, this is a rare chance to secure a property that offers lifestyle, location, and limitless possibilities.

Perfectly suited to first home buyers ready to make their mark, seasoned renovators with a creative vision, or savvy investors seeking strong future returns, this residence offers flexible living spaces and solid bones as a foundation for your dream transformation. The expansive block provides ample room for extensions, outdoor entertaining areas, or even a complete rebuild to create a custom-designed home tailored to your lifestyle (STCA).

Ideally positioned close to the lake’s walking and cycling tracks, local schools, shops, cafes, and major transport links, the property combines relaxed lakeside living with everyday convenience. Opportunities like this in such a tightly held lakeside pocket are few and far between.

Features:
- Three bedrooms located upstairs, with the master bedroom featuring a built-in wardrobe
- A spacious fourth bedroom situated downstairs with additional bathroom
- Kitchen equipped with a gas cooktop, oven, and dishwasher
- Fully fenced backyard offering privacy and security
- Large undercover area, perfect for outdoor gatherings and entertaining guests
- Walking distance to the picturesque Lake Illawarra foreshores
- Close to local schools, shops, cafes, and major transport links.

Council Rates: $451.27 p/q approx*.
Water Rates: $147.31 p/q approx*.

The property is presented by Rise Property Group, for further information please contact Daniel Kostovski 0402 037 940 or Elena Gould 0436 366 606.

Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our vendors, and as such, Rise Property Group makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps, and images are representative only, for marketing purposes.